The '''price of gasoline''' (petroleum) varies nationally and internationally. The price is affected by crude oil prices, local [[supply and demand]], currency fluctuations, and taxation and subsidy levels.
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The '''price of gasoline''' ([[petroleum]]) varies nationally and internationally. The price is affected by [[crude oil]] prices, local [[supply and demand]], currency fluctuations, and taxation and subsidy levels.
==Pricing in the United States==
==Pricing in the United States==
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As of July 2008, the nationwide average price of gasoline was $4.05 per US gallon ($10.7 per liter).
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As of July 2008, the nationwide average price of gasoline was $4.05 per US [[gallon]] ($10.7 per liter).
State fuel taxes are on average 28.6 cents per US gallon, which combined with 18.4¢ Federal tax gives an average rate of 47 cents per US gallon (12.4 ¢/L).<ref>http://www.gasbuddy.com/</ref>
State fuel taxes are on average 28.6 cents per US gallon, which combined with 18.4¢ Federal tax gives an average rate of 47 cents per US gallon (12.4 ¢/L).<ref>http://www.gasbuddy.com/</ref>